Q: Work has been done to property before purchase and now they’re asking for more money due to property taxes increase.
Closing date was pushed 8 days one day before closing date. On supposed closing date told we need 12k more or we can’t purchase. We’ve already gave $5500 between realtors and title company, have over 10k in work and repairs in the property. Paid for 2 appraisals. What are we able to do to recoupe money and labor already done if deal falls through?
A: Hire a competent attorney today, as you have went in way too far (and the seller knows you are good for alot more money). It appears the contract is already breached, and the seller intends to keep your investment into something you do not own. It is doubtful you will recoup anything. You probably need to enforce the contract as written, including a tender on the closing date.
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